Boston Beer (SAM) Operating Expenses (2010 - 2026)
Boston Beer (SAM) posted quarterly Operating Expenses of $215.6 million for Q2 2026, up 2.45% year-on-year from $210.4 million in Q2 2025, and down 46.69% on a QoQ basis from $404.4 million in Q1 2026.
Boston Beer (SAM) Operating Expenses (2010 - 2026) Analysis & Trends
Boston Beer (SAM) has reported Operating Expenses for 17 consecutive years, with $215.6 million the latest figure, recorded in Q2 2026.
- Quarterly Operating Expenses rose 2.45% year-over-year to $215.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.0 billion (up 21.81% YoY) and the FY2025 annual result came in at $807.7 million, down 1.23% from the prior year.
- Operating Expenses declined to $215.6 million in Q2 2026 per SAM's latest filing, from $404.4 million in the prior quarter.
- Over the last five years, Operating Expenses for SAM reached as high as $404.4 million in Q1 2026 and fell as low as $169.6 million in Q2 2023.
- A 5-year average of $209.4 million and a median of $198.2 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses decreased 11.71% — and 2026, when it soared 118.03%.
- Year by year, Operating Expenses stood at $182.3 million in 2022, then declined by 4.66% to $173.8 million in 2023, then climbed by 24.68% to $216.7 million in 2024, then decreased by 7.39% to $200.7 million in 2025, then climbed by 7.43% to $215.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $215.6 million, $404.4 million, and $200.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 3,348.11 Bn | 2,862.53 Bn | 387.52 Bn | -58.25 Bn |
| 2 | Mexican Economic Development | 1,170.85 Bn | 1,164.70 Bn | - | - |
| 3 | Anheuser-Busch InBev | 164.45 Bn | 152.23 Bn | 8.61 Bn | - |
| 4 | Ambev | 49.04 Bn | 45.27 Bn | 2.42 Bn | -700.76 Mn |
| 5 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 457.00 Mn |
| 6 | Molson Coors Beverage | 8.11 Bn | 7.72 Bn | 897.20 Mn | 610.00 Mn |
| 7 | Boston Beer | 1.96 Bn | 1.69 Bn | 286.37 Mn | 215.60 Mn |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | 73,077.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 215.60 Mn |
| Mar 28, 2026 | 404.42 Mn |
| Dec 27, 2025 | 200.70 Mn |
| Sep 27, 2025 | 211.07 Mn |
| Jun 28, 2025 | 210.45 Mn |
| Mar 29, 2025 | 185.49 Mn |
| Dec 28, 2024 | 216.71 Mn |
| Sep 28, 2024 | 234.41 Mn |
| Jun 29, 2024 | 195.64 Mn |
| Mar 30, 2024 | 170.99 Mn |
| Dec 30, 2023 | 173.82 Mn |
| Sep 30, 2023 | 213.15 Mn |
| Jul 1, 2023 | 195.79 Mn |
| Apr 1, 2023 | 169.61 Mn |
| Dec 31, 2022 | 182.32 Mn |
| Sep 24, 2022 | 219.38 Mn |
| Jun 25, 2022 | 194.39 Mn |
| Mar 26, 2022 | 175.11 Mn |
| Dec 25, 2021 | 172.71 Mn |
| Sep 25, 2021 | 248.47 Mn |